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The oil price surged almost USD 70 per barrel after a US airstrike killed an Iranian general in Iraq. The move intensifies fears of a new conflict in the world's top crude oil producing region.
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According to Bloomberg News, the US and China are close to reaching a trade deal.
US President Donald Trump expects the partial trade agreement with China to be signed in November at a meeting in Chile, where Chinese President Xi Jinping will also participate.
The US on Monday imposed new sanctions against Turkey. According to President Donald Trump, tariffs on Turkish steel will be raised to 50 percent, a move that comes in response to Turkey's offensive in northern Syria.
Donald Trump says the first day of the latest round of negotiations between the US and China went "very well". The high-level talks are expected to resume on Friday in Washington, DC.
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European Trade Commissioner Cecilia Malmström has not given up hope of reaching a deal with the US that could avoid an escalation of the parties' trade dispute.
The Trump administration has announced new tariffs on European products for more than USD 7 billion annually starting on Oct. 18. The move comes in response to illegal government aid to Airbus.
Donald Trump used his speech at the UN Assembly in New York to repeat complaints about China and its trade practices shortly before negotiators from the two countries are set to meet in Washington.
The trade war between the US and China has cut 0.8 percentage points off global growth, assesses the US Federal Reserve.
Donald Trump says that China has requested to restart the two countries' trade talks. The statement came just hours after China's top negotiator called for calm after a weekend of back-and-forth tariffs that rocked global stocks.
Friday, the US president warned of an increase in existing tariffs and of the upcoming ones on Chinese goods in response China's new tariffs on US goods.
The trade war has not had the effect on Maersk that some observers feared. The tariffs mean nothing, but American consumer habits do, says CEO Søren Skou, who would like to meet with Donald Trump when he visits Denmark, where Maersk is headquartered.
Donald Trump escalates the trade war with China with announcement of new tariffs on USD 300 million worth of Chinese imports. The new taxes could go well above 25 percent, says the US president.
The US and China plan to meet again in September for trade talks, as the latest round of negotiations conclude with few signs of progress in the trade dispute between the two superpowers.
The two superpowers wrapped up a new round of trade talks without clear evidence of progress made toward ending the protracted trade dispute.
US President Donald Trump says there is still a long way to go before the US and China enter a final trade deal. A few weeks ago, however, it seemed negotiations were progressing.
Two tankers were attacked in the Gulf of Oman Thursday, it is still unknown who is to blame. OW Bunker's former CEO in Singapore, Lars Møller, is going to prison for five years, Get an overview of this week's top picks.
US President Donald Trump's customs tariffs on Chinese goods have changed several trade patterns since January 2018, says Drewry in a new analysis.
US President Donald Trump again threatened to raise tariffs on China if President Xi Jinping does not meet with at the G-20 summit in Osaka, Japan, later this month.
US President Donald Trump is prepared to introduce tariffs on more Chinese goods. "I could go up another at least USD 300 billion, and I'll do that," Trump tells Bloomberg.
The US is no longer actively working to postpone the start date for the 2020 regulations, reports the Wall Street Journal. The US feared that the regulations would result in higher fuel prices.
The US plans to impose tariffs on all goods from Mexico from June. This is a way of punishing the country for the surge in immigration from Mexico to the US, explains president Donald Trump.
China yet to retaliate against the US after Trump decided to raise tariffs on Chinese goods last week.
US president Donald Trump has made good on his threats and has just increased tariffs on several Chinese goods to 25 percent. China intends to retaliate. Flexport is already feeling the effects, informs the company.
The US president says he will wait until he is sure China is complying with any trade deal before he rolls back tariffs.
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